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Cryptocurrency Market Weekly Review: Funding Rate Signals Rebound, Bitcoin Correlation with S&P 500 ClimbsThis week, the cryptocurrency market saw volatility, with Bitcoin's correlation with the S&P 500 reaching a 23-month high due to macroeconomic factors. Despite this, some institutions remain optimistic about the future of cryptocurrencies

Bitcoin Could Be the "Trump Trade": Former President's Return to the White House May Spark Crypto Bull RunHolding Bitcoin could be the latest example of a "Trump trade," potentially yielding massive returns if the former US President returns to the White House. A Bernstein analyst noted in a report on Monday that Trump's recent enthusiasm for the cryptocurrency industry suggests a potential Trump administration would be more favorable toward digital assets compared to the Harris administration

Bitcoin Rebounds Above $57,000 as Wall Street Rally Lifts Crypto MarketBitcoin surged above $57,000 after Wall Street rebounded from its worst week of the year. The flagship cryptocurrency rose 5

Crypto Market Jitters: Job Report-Induced Panic?On September 9th, according to CoinDesk, the cryptocurrency market experienced a sudden decline following the release of Friday's job report, resulting in over $220 million in long positions liquidated. This event has sparked concerns about the future trajectory of cryptocurrencies and prompted investors to analyze current market sentiment and influencing factors

Last Week in Crypto: Bitcoin ETFs See Outflow of Over $700 Million, Arthur Hayes Turns Bearish on Bitcoin, Fed Rate Cut Expectations Remain Uncertain After Nonfarm PayrollsLast week, the crypto market experienced significant volatility, with investors keenly focused on factors such as Federal Reserve rate cut expectations, the release of nonfarm payrolls data, and net outflows from Bitcoin ETFs. Here's a quick look at the hottest topics and recommended content from the past week in crypto:Bitcoin ETFs Outflow Exceeds $700 Million, Market Panic SpreadsAccording to FarsideInvestors data, US spot Bitcoin ETFs recorded a cumulative net outflow of $7

Cryptocurrency Market Plunges! Bitcoin Drops Below $54,000, Investor Panic IntensifiesThe cryptocurrency market has once again suffered a major setback, with Bitcoin dropping over 4% and currently trading below $54,000. Ethereum, the second-largest cryptocurrency, has fallen over 6%

Ethereum Spot ETF Approved: A Historic Moment for the Cryptocurrency Market!In the early hours of May 24, 2024, the U.S

Bitcoin Leads Crypto Market Crash After NFP Data Misses Estimates, Ahead of Fed MeetingOn September 6th at 20:30 EST, the US Department of Labor released the highly anticipated August non-farm payroll report. The data revealed that the US's seasonally adjusted non-farm employment growth was lower than expected, sparking market expectations that the Federal Reserve might continue raising interest rates in the future

Cryptocurrency Panic: The Warning Signs Behind the Plunge and Market OutlookVirtual currencies have become a focal point of attention in today's financial world. They attract countless investors with their mysterious allure and massive volatility

Cryptocurrency Correlation with Stock Market Intensifies, Nonfarm Payrolls Data Crucial TonightThe link between cryptocurrency and stock markets is growing stronger, particularly in the wake of recent economic data. Data compiled by Bloomberg shows the correlation coefficient between cryptocurrencies and the MSCI World Index hovering near 0

Recession or Top-Down Correction? Macro Data Analysis of the Crypto MarketWhile recession-mongering experts are abound, there are currently no clear signs of an economic recession. Instead, we see trends of increased government spending, currency depreciation, and global liquidity, which will continue until 2025, creating a favorable environment for risk assets, including cryptocurrencies

Bitcoin Drops Below $57,000, Over 75,000 Liquidated Across the Network, Crypto Market Panic IntensifiesOn September 4th, Bitcoin prices continued to decline, briefly falling below $57,000, marking a one-month low. Bitcoin has dropped over 4% in the past 24 hours, with other major cryptocurrencies like Ethereum also experiencing significant declines